Credit and commodities diverge after China abandons zero-covid approach

By Dan Alderson

Markets present a mixed picture at the start of the week, with Europe – still processing Friday’s US jobs numbers – opening cautiously after China’s retreat from strict zero-covid policies boosts commodity prices but raises fears of an infection wave

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TAGS: Asia CDS Credit Suisse Emerging markets Europe High yield bonds Investment grade credit Secondary market North America Synthetic/SRT